TheBlock
Dankrad Feist, a prominent former Ethereum Foundation researcher best known for his work on data availability sampling and EIP-4844, has publicly floated the idea of raising $1 billion to establish a new Ethereum advocacy group. The proposal signals growing sentiment within the Ethereum developer community that the ecosystem needs a better-funded, more coordinated voice — separate from the EF's research-first mandate.
A $1 billion war chest would put a hypothetical Ethereum advocacy body on par with the largest crypto lobbying and education efforts globally, dwarfing most existing foundation budgets in the space. Feist's profile lends the suggestion credibility: his technical contributions to Ethereum's scaling roadmap make him a respected voice, and his willingness to step outside the EF structure to raise this idea publicly is itself a signal worth watching.
No formal fundraising…
Frequently asked questions
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What specific goals would the new Ethereum advocacy organization pursue?
The proposed organization aims to provide a better-funded and more coordinated voice for the Ethereum ecosystem, distinct from the Ethereum Foundation's research-focused approach.
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How does Feist's proposal compare to existing crypto lobbying efforts?
Feist's suggested $1 billion budget would position the new advocacy group among the largest global crypto lobbying and education initiatives, significantly exceeding most current foundation budgets.
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